195. Balenciaga, Haute Couture collection, circa 1950. Black silk velvet cocktail dress and embroidered white chiffon skirt. Designed by Cristobal Balenciaga Wide round neckline, three-quarter length sleeves, full skirt entirely embroidered with chain stitches and branch sequins. White signature, black graphics Provenance: Former Didier Ludot collection; Sarah Wolfe collection, American socialite